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美泰（MAT）与SOMNIGROUP INTERNATIONAL INC.（SGI）财务数据对比。点击上方公司名可切换其他公司
SOMNIGROUP INTERNATIONAL INC.的季度营收约是美泰的1.1倍（$1.9B vs $1.8B），SOMNIGROUP INTERNATIONAL INC.净利率更高（7.5% vs 6.0%，领先1.5%），SOMNIGROUP INTERNATIONAL INC.同比增速更快（54.7% vs 7.3%），过去两年美泰的营收复合增速更高（47.7% vs 25.3%）
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
SOMNIGROUP INTERNATIONAL INC.是一家美国知名寝具制造企业，主营床垫及各类床上用品的研发、设计、生产与销售，旗下产品兼顾舒适体验与实用性能，供应美国本土及多个海外市场，在民用寝具领域拥有稳定的市场认可度。
MAT vs SGI — 直观对比
营收规模更大
SGI
是对方的1.1倍
$1.8B
营收增速更快
SGI
高出47.4%
7.3%
净利率更高
SGI
高出1.5%
6.0%
两年增速更快
MAT
近两年复合增速
25.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.9B |
| 净利润 | $106.2M | $140.8M |
| 毛利率 | 45.9% | 44.0% |
| 营业利润率 | 8.0% | 13.2% |
| 净利率 | 6.0% | 7.5% |
| 营收同比 | 7.3% | 54.7% |
| 净利润同比 | -24.6% | 95.8% |
| 每股收益（稀释后） | $0.32 | $0.71 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MATSGI
| Q4 25 | $1.8B | $1.9B | ||
| Q3 25 | $1.7B | $2.1B | ||
| Q2 25 | $1.0B | $1.9B | ||
| Q1 25 | $826.6M | $1.6B | ||
| Q4 24 | $1.6B | $1.2B | ||
| Q3 24 | $1.8B | $1.3B | ||
| Q2 24 | $1.1B | $1.2B | ||
| Q1 24 | $809.5M | $1.2B |
净利润MATSGI
| Q4 25 | $106.2M | $140.8M | ||
| Q3 25 | $278.4M | $177.4M | ||
| Q2 25 | $53.4M | $99.0M | ||
| Q1 25 | $-40.3M | $-33.1M | ||
| Q4 24 | $140.9M | $71.9M | ||
| Q3 24 | $372.4M | $130.0M | ||
| Q2 24 | $56.9M | $106.1M | ||
| Q1 24 | $-28.3M | $76.3M |
毛利率MATSGI
| Q4 25 | 45.9% | 44.0% | ||
| Q3 25 | 50.0% | 44.9% | ||
| Q2 25 | 50.9% | 44.0% | ||
| Q1 25 | 49.4% | 36.2% | ||
| Q4 24 | 50.7% | 43.3% | ||
| Q3 24 | 53.1% | 45.4% | ||
| Q2 24 | 49.2% | 44.9% | ||
| Q1 24 | 48.0% | 43.1% |
营业利润率MATSGI
| Q4 25 | 8.0% | 13.2% | ||
| Q3 25 | 21.9% | 14.8% | ||
| Q2 25 | 7.7% | 9.6% | ||
| Q1 25 | -6.4% | 0.8% | ||
| Q4 24 | 9.6% | 10.6% | ||
| Q3 24 | 26.5% | 15.5% | ||
| Q2 24 | 7.7% | 14.0% | ||
| Q1 24 | -4.4% | 11.1% |
净利率MATSGI
| Q4 25 | 6.0% | 7.5% | ||
| Q3 25 | 16.0% | 8.4% | ||
| Q2 25 | 5.2% | 5.3% | ||
| Q1 25 | -4.9% | -2.1% | ||
| Q4 24 | 8.6% | 6.0% | ||
| Q3 24 | 20.2% | 10.0% | ||
| Q2 24 | 5.3% | 8.6% | ||
| Q1 24 | -3.5% | 6.4% |
每股收益（稀释后）MATSGI
| Q4 25 | $0.32 | $0.71 | ||
| Q3 25 | $0.88 | $0.83 | ||
| Q2 25 | $0.16 | $0.47 | ||
| Q1 25 | $-0.12 | $-0.17 | ||
| Q4 24 | $0.40 | $0.40 | ||
| Q3 24 | $1.09 | $0.73 | ||
| Q2 24 | $0.17 | $0.60 | ||
| Q1 24 | $-0.08 | $0.43 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.2B | — |
| 总债务越低越好 | $2.3B | $4.6B |
| 股东权益账面价值 | $2.2B | $3.1B |
| 总资产 | $6.6B | $11.6B |
| 负债/权益比越低杠杆越低 | 1.04× | 1.47× |
8季度趋势，按日历期对齐
现金及短期投资MATSGI
| Q4 25 | $1.2B | — | ||
| Q3 25 | $691.9M | — | ||
| Q2 25 | $870.5M | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $723.5M | — | ||
| Q2 24 | $722.4M | — | ||
| Q1 24 | $1.1B | — |
总债务MATSGI
| Q4 25 | $2.3B | $4.6B | ||
| Q3 25 | $2.3B | $4.5B | ||
| Q2 25 | $2.3B | $4.8B | ||
| Q1 25 | $2.3B | $4.9B | ||
| Q4 24 | $2.3B | $3.7B | ||
| Q3 24 | $2.3B | $2.2B | ||
| Q2 24 | $2.3B | $2.4B | ||
| Q1 24 | $2.3B | $2.5B |
股东权益MATSGI
| Q4 25 | $2.2B | $3.1B | ||
| Q3 25 | $2.3B | $3.0B | ||
| Q2 25 | $2.2B | $2.8B | ||
| Q1 25 | $2.1B | $2.7B | ||
| Q4 24 | $2.3B | $559.0M | ||
| Q3 24 | $2.3B | $564.5M | ||
| Q2 24 | $2.0B | $411.8M | ||
| Q1 24 | $2.0B | $326.6M |
总资产MATSGI
| Q4 25 | $6.6B | $11.6B | ||
| Q3 25 | $6.6B | $11.4B | ||
| Q2 25 | $6.2B | $11.4B | ||
| Q1 25 | $6.2B | $11.3B | ||
| Q4 24 | $6.5B | $6.0B | ||
| Q3 24 | $6.5B | $4.6B | ||
| Q2 24 | $5.9B | $4.6B | ||
| Q1 24 | $6.1B | $4.6B |
负债/权益比MATSGI
| Q4 25 | 1.04× | 1.47× | ||
| Q3 25 | 1.03× | 1.51× | ||
| Q2 25 | 1.08× | 1.69× | ||
| Q1 25 | 1.10× | 1.79× | ||
| Q4 24 | 1.03× | 6.69× | ||
| Q3 24 | 1.01× | 3.95× | ||
| Q2 24 | 1.18× | 5.92× | ||
| Q1 24 | 1.15× | 7.74× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $796.6M | $99.4M |
| 自由现金流经营现金流 - 资本支出 | — | $41.1M |
| 自由现金流率自由现金流/营收 | — | 2.2% |
| 资本支出强度资本支出/营收 | — | 3.1% |
| 现金转化率经营现金流/净利润 | 7.50× | 0.71× |
| 过去12个月自由现金流最近4个季度 | — | $633.2M |
8季度趋势，按日历期对齐
经营现金流MATSGI
| Q4 25 | $796.6M | $99.4M | ||
| Q3 25 | $72.0M | $408.2M | ||
| Q2 25 | $-300.1M | $186.1M | ||
| Q1 25 | $24.8M | $106.4M | ||
| Q4 24 | $862.1M | $129.1M | ||
| Q3 24 | $155.8M | $256.6M | ||
| Q2 24 | $-252.9M | $150.6M | ||
| Q1 24 | $35.5M | $130.2M |
自由现金流MATSGI
| Q4 25 | — | $41.1M | ||
| Q3 25 | — | $360.3M | ||
| Q2 25 | — | $149.4M | ||
| Q1 25 | — | $82.4M | ||
| Q4 24 | — | $108.2M | ||
| Q3 24 | — | $240.2M | ||
| Q2 24 | — | $122.1M | ||
| Q1 24 | — | $98.7M |
自由现金流率MATSGI
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 17.0% | ||
| Q2 25 | — | 7.9% | ||
| Q1 25 | — | 5.1% | ||
| Q4 24 | — | 9.0% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 9.9% | ||
| Q1 24 | — | 8.3% |
资本支出强度MATSGI
| Q4 25 | — | 3.1% | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | 2.6% |
现金转化率MATSGI
| Q4 25 | 7.50× | 0.71× | ||
| Q3 25 | 0.26× | 2.30× | ||
| Q2 25 | -5.62× | 1.88× | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.12× | 1.80× | ||
| Q3 24 | 0.42× | 1.97× | ||
| Q2 24 | -4.45× | 1.42× | ||
| Q1 24 | — | 1.71× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
MAT
| North America Segment | $1.0B | 58% |
| International Segment | $745.6M | 42% |
SGI
| Mattress Firm Segment | $892.1M | 48% |
| Tempur Sealy North America Segment | $620.5M | 33% |
| Tempur Sealy International Segment | $355.8M | 19% |
